On April 12, 2023, the news broke that three more venture capital firms–Capital XRP, Outset Ventures and Hyperloon Group–have signed on to be the next vehicles of funding for the upcoming TechCrunch Disrupt event in Barcelona, Spain. This news follows the announcement that the venture capital arm of Spanish insurer MAPFRE had also signed on, making it the fifth venture capital firm to join the startup battle.
TechCrunch Disrupt is a premier startup conference and pitch competition held annually in various cities around the world. This year, the event will be held in Barcelona, Spain for the first time and is expected to draw a range of startups and investors from around the world. The event features a startup competition which provides the winner with world-wide recognition, access to high-level investors, and the chance to earn a $100,000 investment from one of the participating venture capital firms.
The three new venture capital firms will bring a wealth of experience and knowledge to the pitch competition. Capital XRP is a New York-based venture capital fund that invests exclusively in early-stage startups utilizing blockchain and cryptocurrency technologies. Outset Ventures is a venture fund dedicated to investing in early-stage companies with global relevance. Finally, Hyperloon Group is a venture fund based in the United Kingdom that specializes in investing in technology companies with the potential to revolutionize existing markets.
The addition of these venture capital firms to the TechCrunch Disrupt lineup means only one thing for aspiring startups: now is the time to get your application in. While the competition will be fierce–each firm has their own standards for selecting potential investments–potential winners of the startup battle will have the opportunity to gain exposure and earn investments from top-tier venture capital firms.
This is an exciting development for the startup scene in Barcelona, and hopefully this event serve as a platform for more collaborations between investors and entrepreneurs in the Spanish capital. With this lineup of venture capital firms, TechCrunch Disrupt 2023 is sure to be an event to remember, and one that will help fuel further growth for startups around the world.
